Why Colonial

Existing Customers

Featured Tools

Resources

Company Info

Home Equity Loans

A Home Equity Loan is a loan against the equity in your home as established by a market value appraisal obtained by the lender.  

Available terms for a second lien home equity loan are 10- or 15- years and are almost always for fixed rates.  

First lien versions are available that allow the refinancing of an existing first mortgage at the same time equity is accessed.  Available terms run from 10- years to 30- years, and feature fixed rates.

You choose what you want to do with your home equity loan:

Our Loan Officers are glad to answer any questions related to home equity loans in order to guide you to the product that best fits your needs.

* It is recommended that Customers consult their tax advisor. Not all loan fees or interest payments are tax deductible.